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Stock selloff deepens as equities head for weekly losses U.S. stocks fell sharply on Friday following the Dow Jones Industrial Average's 764 point drop Thursday as recession fears continue to roil investors. For the week all three of the major averages are set to decline at least 1% as the Federal Reserve committed to taking interest rates above 5% in 2023. In commodities, oil dropped over 3% to the $73 per barrel level. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. More Newsletters Unsubscribe Privacy Policy Contact Us ©2022 Fox News Network, LLC. 1211 Avenue of the Americas, New York, NY, 10036. All Rights Reserved. Privacy Policy Fox Business never sends unsolicited email. You received this email because you requested a s...

Dow skids in steep stock selloff on deeper recession fears Investors sold U.S. stocks as fears about rising interest rates and a deeper recession spooked investors as we wind down the final trading days of the year and month. Additionally, November retail sales fell more than expected as consumers battle inflationary costs. In commodities, oil fell 1.5% to $76.11 per barrel. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. More Newsletters Unsubscribe Privacy Policy Contact Us ©2022 Fox News Network, LLC. 1211 Avenue of the Americas, New York, NY, 10036. All Rights Reserved. Privacy Policy Fox Business never sends unsolicited email. You received this email because you requested a subscription to Fox Business Breaking News Alerts fr...

Dow drop nears 700 points on weak economic reports This is a developing story. Check back for updates. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. More Newsletters Unsubscribe Privacy Policy Contact Us ©2022 Fox News Network, LLC. 1211 Avenue of the Americas, New York, NY, 10036. All Rights Reserved. Privacy Policy Fox Business never sends unsolicited email. You received this email because you requested a subscription to Fox Business Breaking News Alerts from FoxBusiness.com

Dow down 400 points on weak retail sales, manufacturing data U.S. stocks tumbled after retail sales for November slipped by 0.6%, more than expected, while two reports on manufacturing contracted. Both worrisome signs for the health of the economy amid the headwinds of rising interest rates. In commodities, oil hovered around the $77 per barrel level. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. More Newsletters Unsubscribe Privacy Policy Contact Us ©2022 Fox News Network, LLC. 1211 Avenue of the Americas, New York, NY, 10036. All Rights Reserved. Privacy Policy Fox Business never sends unsolicited email. You received this email because you requested a subscription to Fox Business Breaking News Alerts from FoxBusiness.com ...

Stocks sink as Fed lays groundwork for higher rates All three of the major U.S. averages fell after the Federal Reserve signaled, they will continue to tighten heading into 2023 in efforts to battle inflation. Rates may rise to 5.1% higher than initial forecasts disappointing investors. In commodities, oil rose 2.5% to $82.70 per barrel. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. More Newsletters Unsubscribe Privacy Policy Contact Us ©2022 Fox News Network, LLC. 1211 Avenue of the Americas, New York, NY, 10036. All Rights Reserved. Privacy Policy Fox Business never sends unsolicited email. You received this email because you requested a subscription to Fox Business Breaking News Alerts from FoxBusiness.com ...

Fed Chairman Jerome Powell speaks after central bank's latest interest rate hike This is a developing story. Check back for updates. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. More Newsletters Unsubscribe Privacy Policy Contact Us ©2022 Fox News Network, LLC. 1211 Avenue of the Americas, New York, NY, 10036. All Rights Reserved. Privacy Policy Fox Business never sends unsolicited email. You received this email because you requested a subscription to Fox Business Breaking News Alerts from FoxBusiness.com

Fed slows interest rate increases with 50-basis-point hike This is a developing story. Check back for updates. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. More Newsletters Unsubscribe Privacy Policy Contact Us ©2022 Fox News Network, LLC. 1211 Avenue of the Americas, New York, NY, 10036. All Rights Reserved. Privacy Policy Fox Business never sends unsolicited email. You received this email because you requested a subscription to Fox Business Breaking News Alerts from FoxBusiness.com